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International Inquiries: (804) 545-5765 P.O. Box 798, 901 East Cary Street, Richmond, VA 23218-0798 ExportVirginia.org

International Inquiries: (804) 545-5765 P.O. Box 798, 901 ...exportvirginia.org/.../2014/...Product-and-Service-Exports-Jan-12-2017… · 12/1/2017  · International Inquiries: (804)

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Page 1: International Inquiries: (804) 545-5765 P.O. Box 798, 901 ...exportvirginia.org/.../2014/...Product-and-Service-Exports-Jan-12-2017… · 12/1/2017  · International Inquiries: (804)

International Inquiries: (804) 545-5765 P.O. Box 798, 901 East Cary Street, Richmond, VA 23218-0798 ExportVirginia.org

Page 2: International Inquiries: (804) 545-5765 P.O. Box 798, 901 ...exportvirginia.org/.../2014/...Product-and-Service-Exports-Jan-12-2017… · 12/1/2017  · International Inquiries: (804)

International Inquiries: (804) 545-5765 P.O. Box 798, 901 East Cary Street, Richmond, VA 23218-0798 ExportVirginia.org

Virginia Product Exports

$4.7 billion

North America

$298 million

Central America

$1.2 billion

South America

$4.4 billion

Western

Europe

$1.6 billion

Eastern Europe

$468 million

Africa

$950 million

Middle East

$5.3 billion

Asia Pacific

$288 million

Caribbean

In US$ millions (Global Trade Atlas) This data does not include service exports.

IndustryReal Exports

Value, 2015

Direct

Export-

Supported

Jobs

Total Export-

Supported

Jobs

Industry

Real

Exports

Value, 2015

Direct

Export-

Supported

Jobs

Total Export-

Supported

Jobs

IndustryReal Exports

Value, 2015

Direct

Export-

Supported

Jobs

Total Export-

Supported

Jobs

Food Manufacturing 3,181$ 6,577 24,373 Chemical Manufacturing 3,111$ 2,761 10,656 Transportation Equipment 2,567$ 4,442 14,017

Animal Foods 147$ 122 867 Basic Chemicals 351$ 208 1,056 Aircraft Products & Parts 335$ 730 1,636

Bakery Products 87$ 299 853 Cleaning Products 139$ 151 421 Misc. Transportation Equip. 47$ 47 185

Dairy Products 237$ 309 1,776 Misc. Chemicals 373$ 595 1,612 Motor Vehicle Body & Trailers 194$ 504 1,305

Frozen & Canned Foods 153$ 338 1,129 Paint Products 49$ 71 201 Motor Vehicle Parts 399$ 824 2,456

Grain & Oilseed Products 199$ 117 1,131 Pesticides & Fertilizers 37$ 30 110 Motor Vehicles 1,011$ 548 4,367

Meat & Poultry Products 1,488$ 3,844 13,275 Pharmaceuticals 435$ 487 1,223 Railroad Rolling Stock 113$ 144 697

Seafood Products 43$ 115 299 Resins & Synthetic Rubbers 1,726$ 1,219 6,034 Ships & Boats 467$ 1,645 3,371

Snack, Coffee, & Condiments 681$ 1,118 4,131

Sugar & Confectionery Products 146$ 316 913

Food Manufacturing Chemical Manufacturing Transportation Equipment

In US$ millions (Brookings)

Rank Export Category2015 Real

Exports Value

Direct Export-

Supported

Jobs, 2015

Total Export-

Supported

Jobs, 2015

- All Products 16,190$ 32,275 90,533

1 Food Manufacturing 3,181$ 6,577 24,373

2 Chemical Manufacturing 3,111$ 2,761 10,656

3 Transportation Equipment 2,567$ 4,442 14,017

4 Machinery Manufacturing 1,520$ 3,325 8,646

5 Computer & Electronic Products 1,005$ 2,029 3,644

6 Plastics & Rubber Products 783$ 2,296 4,649

7 Electrical Equipment & Appliances 684$ 2,097 4,055

8 Paper Manufacturing 600$ 943 3,229

9 Beverage & Tobacco Products 592$ 759 2,815

10 Fabricated Metal Products 438$ 1,465 2,875

Top Product Export Industries

In US$ millions (Brookings)

Page 3: International Inquiries: (804) 545-5765 P.O. Box 798, 901 ...exportvirginia.org/.../2014/...Product-and-Service-Exports-Jan-12-2017… · 12/1/2017  · International Inquiries: (804)

International Inquiries: (804) 545-5765 P.O. Box 798, 901 East Cary Street, Richmond, VA 23218-0798 ExportVirginia.org

$1.6 billion

Eastern Europe

Virginia Service Exports

Industry

Real

Exports

Value, 2015

Direct

Export-

Supported

Jobs

Total Export-

Supported

Jobs

Industry

Real

Exports

Value,

2015

Direct

Export-

Supported

Jobs

Total

Export-

Supported

Jobs

Eds, Meds, & Tourism 5,006$ 51,497 32,915 General Business Services 2,649$ 16,200 22,426

Educational & Medical Svcs 797$ 8,096 4,735 Management & Legal Svcs 2,279$ 14,688 19,534

Educational Services 650$ 6,443 3,604 Legal Services 238$ 995 1,504

Medical Services 78$ 691 434 Management & Consulting 2,040$ 13,693 18,030

Training Services 69$ 961 697

Travel & Tourism 4,209$ 43,401 28,180 Support Services 370$ 1,512 2,892

Accommodation Services 721$ 10,194 5,895 Accounting & Auditing Services 52$ 346 437

Air Transportation Services 775$ 5,193 2,329 Advertising Services 234$ 321 1,355

Entertainment Services 397$ 3,665 1,995 Ancillary Services 64$ 678 864

Food & Drink Services 919$ 15,371 12,485 Trade-related Services 20$ 166 236

Ground Transportation Services 604$ 3,643 2,030

Retail Services 787$ 5,293 3,429

Sports & Performing Arts 6$ 41 16

General Business ServicesEds, Meds, & Tourism

Industry

Real

Exports

Value, 2015

Direct

Export-

Supported

Jobs

Total Export-

Supported

Jobs

Industry

Real

Exports

Value,

2015

Direct

Export-

Supporte

d Jobs

Total

Export-

Supported

Jobs

Industry

Real

Exports

Value,

2015

Direct

Export-

Supported

Jobs

Total

Export-

Supported

Jobs

Information & Technology 5,384$ 15,671 35,370 Engineering & Heavy Industry 2,404$ 8,658 17,761 Finance & Insurance 2,337$ 7,184 13,910

Royalties 2,325$ 8,554 15,496 Engineering Services 1,156$ 4,684 9,587 Financial Services 2,069$ 6,368 12,153

Chemical Mfg. Royalties 225$ 830 1,503 Architectural & Engineering Svcs 487$ 2,196 3,900 Credit Issuance & Lending 1,305$ 4,888 8,002

Computer/Electronic Royalties 98$ 360 652 Equipment Installation Services 616$ 2,161 5,205 Financial Management 662$ 1,283 3,598

Film/Music Industry Royalties 233$ 859 1,556 Industrial Engineering Services 53$ 327 482 Investment Banking 102$ 197 553

Information Techn. Royalties 914$ 3,362 6,090

Other Mfg. Royalties 351$ 1,291 2,339 Freight & Heavy Industry 1,248$ 3,975 8,174 Insurance Services 268$ 815 1,757

Other Royalties 127$ 468 848 Construction Services 51$ 302 458 Auxiliary Insurance Activities 31$ 197 289

Scientific/Technical Royalties 198$ 728 1,319 Freight & Port Services 1,054$ 3,438 6,992 Insurance Carriers 237$ 619 1,468

Wholesale & Retail Royalties 178$ 656 1,189 Mining Services 7$ 17 31

Tech Sector 3,059$ 7,117 19,874 Operational Leasing Services 136$ 217 693

Computer Services 1,363$ 4,868 10,357

Information Services 140$ 267 796

R & D Services 1,201$ 1,533 7,249

Telecom Services 356$ 448 1,472

Engineering & Heavy Industry Finance & Insurance

In US$ millions (Brookings)

Information & Technology Sector

Export Category2015 Real

Exports Value

VA Rank /

50 States

Direct Export-

Supported

Jobs

Total Export-

Supported

Jobs

All Services 17,779$ 9 80,629 140,963

Information & Technology 5,384$ 11 15,671 35,370

Eds, Meds, & Tourism 5,006$ 13 32,915 51,497

General Business Services 2,649$ 6 16,200 22,426

Engineering & Heavy Industry 2,404$ 12 8,658 17,761

Finance & Insurance 2,337$ 13 7,184 13,910

Top Service Export Industries

In US$ mi l l ions (Brookings)

Page 4: International Inquiries: (804) 545-5765 P.O. Box 798, 901 ...exportvirginia.org/.../2014/...Product-and-Service-Exports-Jan-12-2017… · 12/1/2017  · International Inquiries: (804)

Virginia Economic Development Partnership - International Trade increases international business for

Virginia companies. Programs include international market selection via VEDP’s Global Network, the

award-winning VALET Program, in-country trade missions, Going Global Defense Initiative, etc.

For more information, please visit our website: ExportVirginia.org

Last Revised: January 12, 2017

Information provided by VEDP Fast Facts is intended as advice and guidance only. The information is in no way exhaustive and the VEDP is not a licensed

broker, banker, shipper or customs agency. VEDP shall not be liable for any damages or costs of any type arising out of, or in any way connected with the use

of these Fast Facts.

Additional Resources

Global Trade Atlas Global Trade Information Services, Inc.

Benefits of International Trade Office of the United States Trade Representative

National Export Initiative Office of the United States Trade Representative

International Trade Statistics U.S. Department of Commerce

U.S. Exports by Metropolitan Area Brookings Institution

Exporting Services – A Guide for New Exporters VEDP - International Trade

Notes:

Service and product export values are sourced from the Brookings Institution using 3-digit and 4-digit

NAICS and U.S. BEA Services Category Industry / Commodity Classification codes.

The product export data in this report does not contain service export values.

All export destinations are product export information that is sourced from Global Trade Atlas data which

comes from the U.S. Department of Commerce’s “Origin of Movement” set of state exports. The Origin

of Movement of a product is not always the same as its place of production, since products from one

state can be consolidated for export in another state. For more information on the State Data Series,

please visit the U.S. Census Bureau - Foreign Trade Statistics.